IFSC Code, MICR Codes for INDUSIND BANK in ANDHRA PRADESH - VIZIANAGARAM - KOTHAVALASA - KOTHAVALASA

INDUSIND BANK RTGS HO Branch in KOTHAVALASA - Address, IFSC, MICR Code


IFSC Code

INDB0000309

MICR Code

535234602

Branch

KOTHAVALASA

Contact

0

Address

D. NO. 7-105 & 7-96/5M OPP. POLICE STATION VIJAYANAGARAM ROAD KOTHAVALASA ?

City

KOTHAVALASA

District

VIZIANAGARAM

State

ANDHRA PRADESH





What is IFSC Code of INDUSIND BANK situated at KOTHAVALASA- RTGS-HO?
IFSC Code of INDUSIND BANK situated at KOTHAVALASA - RTGS-HO is

INDB0000309

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.